Link /// Record Labels Strategically Invest $2.8M in MOG Tuesday 29 April 2008

Universal is really investing in the music orientated social network space, which makes a lot of sense – they must spend a very significant amount of money on both advertising on social networks and effort in trying to get good promotional placement on them. It’s pretty unnerving though – you don’t want the market leader (with about 33% total market share) controlling – what is essentially – the presses.